Properties (60)
Predicate | Object |
---|---|
gptkbp:instanceOf |
economic phenomenon
|
gptkbp:causedBy |
political instability
economic collapse government mismanagement decline in oil prices |
gptkbp:foundedIn |
2016
|
https://www.w3.org/2000/01/rdf-schema#label |
Venezuelan hyperinflation
|
gptkbp:impact |
public services
education system investment climate social fabric healthcare_system Venezuelan_economy Venezuelan_tourism Venezuelan_oil_industry Venezuelan_agriculture Venezuelan_currency_(Bolívar) |
gptkbp:influenced |
international relations
government policies public opinion foreign investment political discourse economic theories global economic discussions economic policies of neighboring countries |
gptkbp:ledTo |
food insecurity
malnutrition humanitarian crisis barter economy increased cost of living shortages of basic goods increased public debt deterioration of living standards increased international sanctions currency redenomination increased reliance on imports black market for goods mass_emigration_of_Venezuelans increased_barter_transactions increased_use_of_US_dollars |
gptkbp:reach |
over 1,000,000% in 2018
|
gptkbp:reduces |
purchasing power
|
gptkbp:resultedIn |
devaluation of currency
increased unemployment increased poverty rates widespread discontent increased reliance on remittances increased social inequality deterioration of infrastructure increased foreign aid requests loss of savings for citizens loss of industrial capacity closure of businesses loss of confidence in government decrease in GDP |
gptkbp:triggerType |
protests
social unrest |
gptkbp:updates |
crime rates
inflation expectations |
gptkbp:visitedBy |
Consumer Price Index (CPI)
|